投稿日:2024年11月11日

Global supplier information collection method for procurement risk management

Understanding Procurement Risk Management

Procurement risk management is a crucial process that involves anticipating and mitigating risks associated with the purchasing of goods and services.

For any organization, managing procurement risks effectively can prevent potential disruptions and financial losses.

This process ensures that businesses are not only able to obtain their necessary supplies but can do so at the right cost and timing.

Risk management in procurement involves identifying potential risks, assessing their likelihood and impact, and implementing strategies to mitigate or manage these risks.

This may include diversifying suppliers, negotiating better contract terms, or closely monitoring supplier performance.

The Importance of Global Supplier Information

In today’s interconnected world, sourcing materials and services from global suppliers is common practice to maintain competitiveness.

However, this globalization also introduces a variety of risks, from geopolitical issues to supply chain interruptions.

Access to accurate and up-to-date information about global suppliers is an invaluable asset in the procurement process.

This knowledge helps businesses evaluate potential risks and develop strategies to mitigate them.

Information such as supplier capacity, financial stability, and compliance with regulations are vital.

By keeping a comprehensive database of supplier information, organizations can make informed decisions, reduce risk, and ensure a smooth procurement process.

Methods to Collect Global Supplier Information

Gathering global supplier information can be achieved through several methods.

These methods are designed to provide a holistic view of potential suppliers and their capabilities.

1. Online Research and Supplier Databases

The internet offers a wealth of information about suppliers worldwide.

Access to supplier databases such as Dun & Bradstreet, ThomasNet, or Alibaba can give companies detailed profiles of potential suppliers.

These platforms provide insights into a supplier’s business operations, financial stability, and customer reviews.

Additionally, businesses can use online tools to evaluate a supplier’s reputation and assess any risks related to their performance and compliance with industry standards.

2. Industry Reports and Trade Publications

Industry reports and trade publications are essential resources for understanding market trends and identifying top suppliers in various sectors.

These publications often provide analyses of supplier performance, market positioning, and forecasts.

By subscribing to reputable industry journals, procurement professionals can stay informed about the latest news and developments relevant to their supply chain.

This information can then be used to assess potential suppliers and make risk-averse procurement decisions.

3. Networking and Industry Events

Attending industry events such as trade shows, conferences, and seminars is an excellent way for procurement professionals to connect with global suppliers.

These events offer opportunities to interact with suppliers face-to-face, building relationships and gaining firsthand insights into their capabilities and reliability.

Networking with industry peers can also provide recommendations and experiences regarding supplier performance and risks.

4. Supplier Self-Assessments and Questionnaires

Sending questionnaires or self-assessment forms to potential suppliers is an effective way to gather detailed information about their operations.

These tools can help the procurement team assess factors such as quality control processes, sustainability practices, capacity, and company values.

These assessments should be designed to identify any red flags that might indicate a higher risk in working with a particular supplier.

5. On-Site Visits and Audits

Visiting supplier facilities allows procurement teams to gain a deeper understanding of the suppliers’ operations.

On-site audits can assess the company’s production capabilities, quality control measures, and compliance with regulatory standards.

These visits provide a firsthand evaluation of the supplier’s ability to meet the business’s requirements and can identify potential risks not visible in documentation alone.

Integrating Information into Risk Management Strategies

Once the collection of global supplier information is complete, the next step is to integrate it into procurement risk management strategies.

This process involves analyzing the data to identify potential risks and developing action plans to mitigate them.

Implementing supplier scorecards can help track performance and identify any changes in a supplier’s risk profile over time.

Regularly reviewing this information and maintaining an open line of communication with suppliers ensures that businesses can respond proactively to risks.

Effective contract management is also vital, as it allows organizations to clearly define terms addressing risk-related scenarios, such as delivery delays or quality failures.

Benefits of Effective Supplier Information Collection

Collecting comprehensive supplier information brings several benefits to procurement risk management.

Firstly, it enables better decision-making, allowing businesses to select suppliers that align with their risk tolerance and operational needs.

By understanding supplier capabilities, organizations can increase supply chain resilience and minimize disruptions.

Furthermore, maintaining a strong database of supplier information fosters transparency and accountability.

This fosters stronger relationships between buyers and suppliers, as both parties understand expectations and capabilities.

Ultimately, effective supplier information collection supports a proactive approach to procurement risk management, safeguarding a business’s interests and ensuring a reliable supply chain.

資料ダウンロード

QCD調達購買管理クラウド「newji」は、調達購買部門で必要なQCD管理全てを備えた、現場特化型兼クラウド型の今世紀最高の購買管理システムとなります。

ユーザー登録

調達購買業務の効率化だけでなく、システムを導入することで、コスト削減や製品・資材のステータス可視化のほか、属人化していた購買情報の共有化による内部不正防止や統制にも役立ちます。

NEWJI DX

製造業に特化したデジタルトランスフォーメーション(DX)の実現を目指す請負開発型のコンサルティングサービスです。AI、iPaaS、および先端の技術を駆使して、製造プロセスの効率化、業務効率化、チームワーク強化、コスト削減、品質向上を実現します。このサービスは、製造業の課題を深く理解し、それに対する最適なデジタルソリューションを提供することで、企業が持続的な成長とイノベーションを達成できるようサポートします。

オンライン講座

製造業、主に購買・調達部門にお勤めの方々に向けた情報を配信しております。
新任の方やベテランの方、管理職を対象とした幅広いコンテンツをご用意しております。

お問い合わせ

コストダウンが利益に直結する術だと理解していても、なかなか前に進めることができない状況。そんな時は、newjiのコストダウン自動化機能で大きく利益貢献しよう!
(Β版非公開)

You cannot copy content of this page